For the cryptocurrency communities of the likes of Ripple (XRP) and Tron (TRX), they have paid a favorable reference to the coinbase website and mobile app this week, as they demonstrate a greater openness to more digital tokens being added to the exchange. Why is this theorized? Because both of these showcase 45 extra cryptocurrencies which are yet to be supported on the trading platform.
Along with these digital assets, there is clearly displayed the usual analytics seasoned users have become all too familiar with, these include the tracking variables such as price, 24 hour changes in price in the markets, market capitalization and the accompanying chart which helps the user visualize the movement of the digital asset.
A screenshot of a few of the digital assets being displayed on the Coinbase website has been provided below for a better visualization.
11 of the 45 new digital assets being tracked on Coinbase. Source, Coinbase.com
Hope for a Future Expansion of Listings on Coinbase
Over the last few days, the Coinbase exchange announced that it had begun to implement plans to expedite the whole process of listing new digital assets on the platform. The intention of this new process is to allow for the quick addition of cryptocurrencies that would otherwise be up to the standards of Coinbase, and compliant with local law.
This same exchange has also started the process of making the whole process of trading cryptocurrency far simpler for its growing user base.
It’s with the above intentions explicitly made by Coinbase, that supporters of both XRP and TRX have taken to Twitter in order to express their thoughts on the website and app, and the fact that they both displayed 45 additional currencies.
The popular TRX supporter, @WLFOFMYST, tweeted the following:
“Whatever your feelings are about Coinbase (I have some negative ones), they are the big dog on the block. It appears that they may be getting their shit together. “IF” they do wind up listing the top 50 #cryptos (now on their site) the crypto sky opens imo. $trx #trx #tron”
Shortly after posting this, the same sentiments were reflected by the XRP booster @XrpMR, who writes the following:
— Mr. B XRP 💧 (@XrpMr) September 27, 2018
Do you have any particular views on Coinbase displaying 45 other cryptocurrencies alongside its already existing assets? And what about the fact that it’s displayed on both the website and mobile application? Is this a future sign of where Coinbase is going with its listings?